Stress in the Non Banking Finance Companies (NBFCs) may pose risk in the financial system due to their overexposure to power and infrastructure sector and interconnectedness with other markets ...

The World Bank's report outlined several key recommendations aimed at strengthening Non-Banking Financial Companies (NBFCs). It said, “Providing adequate financing for micro, small and medium ...

Kuhoo Finance, a fintech platform specialising in student loans, has received regulatory approval from the Reserve Bank of India (RBI) to operate as a Non-Banking Financial Company (NBFC).

(Freepik) The temporary workforce in non-banking financial companies (NBFCs) is driving financial inclusion and supporting underserved markets such as micro, small and medium enterprises (MSMEs ...

The NBFC licence will allow Kuhoo Finance to offer student loans of up to INR 2 Cr from its own books With this, Kuhoo has joined the ranks of Fi, Groww, Jupiter and CRED, all of which entered the ...

Earlier, last week, the Reserve Bank of India took to reducing risk weight r loans on bank loans to NBFCs. And this Zee Business Managing Editor praised and said will augur well for both the banking ...

State-owned NBFC Housing & Urban Development Corporation declared its second interim dividend of ₹1.05 per equity share for the FY2025; record date fixed on THIS day. India’s banking regulator ...

The Reserve Bank of India (RBI) has lowered the risk weight on the exposure of Scheduled Commercial Banks’ (SCBs) lending to non-banking finance companies (NBFCs) and microfinance loans.

Mumbai, Mar 7 (PTI) The Reserve Bank on Friday said it has imposed ₹76.6 lakh penalty on four non-banking financial companies for non-compliance with certain provisions of its directions related ...

Hyderabad-based non-banking financial company (NBFC) IKF Finance is in advanced talks to raise $70-80 million in fresh primary equity, with a sovereign wealth fund expected to lead the round and ...

It also gives loans for executive education and upskilling programmes. “Our NBFC status will allow us to play a pivotal role in India's educational landscape, supporting the dreams and ...